What Does Off Balance Sheet Risk Mean?

Free Business Insurance Quote Click Here
What does Off Balance Sheet Risk mean? Read on to discover the definition & meaning of the term Off Balance Sheet Risk - to help you better understand the language used in insurance policies.

Off Balance Sheet Risk

Off Balance Sheet Risk

The risk posed by factors not appearing on an insurer's or reinsurer's balance sheet. Excessive (imprudent) growth and legal precedents affecting defense cost coverage are examples of off-balance-sheet risk.

We hope the you have a better understanding of the meaning of Off Balance Sheet Risk.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Free Business Insurance Quote Click Here